Nippon India Mutual Fund · Direct Growth · SEBI Category: Equity
Nippon India Banking & Financial Services Fund invests in the full spectrum of India's financial services sector — banks, NBFCs, insurance companies, broking firms and payment companies. The fund benefits from Nippon Life Insurance of Japan's global financial sector perspective — Nippon Life is one of the world's largest insurance companies, providing unique insight into the insurance and financial services business models that domestic-only research teams may lack.
The fund's coverage of the financial services sector is comprehensive — from the largest private banks to emerging fintech-driven NBFCs and insurance companies. Vinay Sharma's research-driven approach identifies value across this broad universe — not just focusing on the largest banks but also on high-growth financial intermediaries in the mid-tier.
Vinay Sharma is Fund Manager at Nippon India Mutual Fund and manages the Nippon India Banking & Financial Services Fund. He brings specialist financial sector research expertise — analysing banking credit quality, NBFC funding dynamics, insurance penetration and payment ecosystem growth. His research-intensive approach identifies opportunities across the full financial services value chain.
For current co-manager details and full biography, refer to the latest Nippon India Mutual Fund factsheet on AMFI or the AMC website.
Informational points to help you form your own view — not judgements or recommendations.
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| Fund | NAV | AAUM | 1Y Return | 3Y CAGR | 5Y CAGR | Sharpe (3Y) |
|---|---|---|---|---|---|---|
| ICICI Prudential Banking and Financial Services Fund | ₹141.42 | ₹10.6K Cr Jan–Mar 2026 | -5.8% | +10.5% p.a. | +10.1% p.a. | 0.43 |
| SBI Banking and Financial Services Fund | ₹47.05 | ₹10.2K Cr Jan–Mar 2026 | +1.8% | +16.6% p.a. | +13.0% p.a. | 0.71 |
| Nippon India Banking and Financial Services Fund ▲ | ₹670.50 | ₹7.4K Cr Jan–Mar 2026 | -1.9% | +13.5% p.a. | +14.0% p.a. | 0.62 |
| Aditya Birla Sun Life Banking and Financial Services Fund | ₹66.74 | ₹3.5K Cr Jan–Mar 2026 | -1.2% | +12.1% p.a. | +11.4% p.a. | 0.48 |
| Tata Banking and Financial Services Fund | ₹48.64 | ₹3.1K Cr Jan–Mar 2026 | -1.5% | +13.2% p.a. | +12.5% p.a. | 0.58 |
Calculated from 2,566 daily NAV records in RightAdvise DB. Last calculated: Jun 2026.
1M / 3M / 6M / 1Y — simple point-to-point return · 3Y / 5Y / 10Y — CAGR (compounded annual growth rate)
Based on all rolling windows in full NAV history. Dates show the start and end of each period.
Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.
Rolling returns show performance across every possible investment start date — not one cherry-picked number. Learn more →
How much the fund fell from its peak NAV — what investors actually experience during crashes. Calculated from full NAV history.
Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.
Calculated from 3 years of daily NAV — industry standard. Risk-free rate: 6.5% p.a. Last updated: Jun 2026. What do these mean? →
Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes — from official AMC disclosures.
See how Nippon India Banking & Financial Services FundGrowth PlanOption ranks against other Equity funds on returns, drawdown, Sharpe ratio and AAUM — side by side.
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